Full profile interview
3 Apr 2025

24M Technologies, Inc.
24M (Massachusetts, USA) develops semi-solid battery technology, aiming to disrupt lithium-ion production with lower-cost, simpler manufacturing. Its licensed business model targets electric vehicle (EV) and grid storage markets, partnering with firms like Kyocera and Volkswagen. Advantages include reduced material use, higher energy density, and compatibility with existing facilities. Backed by US$100M+ funding (including from Japan's GPSC), it leverages MIT-derived IP. Challenges include scaling production and competing with entrenched lithium-ion giants (CATL, Panasonic). Positioned as a cost-innovation leader, 24M's semi-solid approach bridges traditional and next-generation solid-state technology but faces execution risks in a capital-intensive industry.
Innovation Map
28 Feb 2025

SSB Company: Strategic Commercial Plans and Production Milestones
Innovation map of strategic commercial plans and production milestones - SSB Company.
Update interview
26 Jul 2024

24M
24M, founded in 2010, has developed a semisolid lithium-ion battery cell. IDTechEx caught up with the company at The Battery Show Europe 2024.